A broad choice of subjects: the Advanced Study Phase of the Bachelor of Science

When we introduced the new Advanced Study Phase of the Bachelor of Science in Business Administration two years ago we had one major goal: we wanted to create a structure that was flexible enough to offer students as much choice as possible. We should be able to introduce new modules based on student requests and the interests and research areas of the faculty. At the same time, modules that did not meet enough interest would be discontinued. In short, we wanted a marketplace of ideas—a fitting idea for a Business School.

I’ve just finalized the catalog for the 2016 Advanced Study Phase. There are 43 modules in the four main thematic areas “Finance and Banking”, “Managing Organizations”, “Economics” and “Business and Society” plus eight in specialized tracks for students majoring in Business Information Systems and “Management, Philosophy & Economics”. We will offer six modules for the first time:

  • Consumer Behaviour
  • Corporate Taxation
  • Market Economy and Regulatory Framework
  • Mastering Public Speaking
  • Negotiation and Conflict Management
  • Supply Chain Management

At the same time, over the past two cycles, we have discontinued several modules. Either, because faculty left or, more often, because demand wasn’t high enough. I’m proud of this flexibility because it gives students influence and it forces lecturers to present their modules in an enticing way.

Shortly, students will choose their courses. I suppose that several modules will be in such high demand that we will offer them in two or even three parallel courses. And we will cancel those that fail to attract at least ten students. The principles of supply and demand seem to be working well at Frankfurt School!